Property Specs:
Price$2,199,000.00
CityLondon, ON
Address206 CENTRAL AVENUE
Listing IDX9049763
Land Size45.08 x 111.14 FT
StatusFor sale
Extended Features:
Appliances Dishwasher, Dryer, Refrigerator, Stove, WasherCooling Fully air conditionedHeating OtherHeating Fuel Natural gasUtility Water Municipal water
Details:
FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY. **** EXTRAS **** Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2% (id:4555)
